Starlight Investments Capital LP (SCGI)

Starlight Investments Capital LP (SCGI)
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Starlight U.S. Multi-Family (No. 5) Core (STUS.A $9.10)
- $9.10 Fwd P/E: 59.7X Cap: $445M
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Starlight Investments Capital LP (SCGI)
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Q: Could you explain to me STARLIGHT Investments and their multiple subsets. In Nov 2019, I was interested in the Continuum Reit IPO, but Starlight took over the Reit before the IPO for 1.72B, no small deed !! Where did the funds come from for such a young company, debt only? Are the many Starlight Multi-Family units Closed-end Funds? Limited PartnerShips? Do they have an « expiration » date ? Thanks.

Read Answer Asked by Denise on July 09, 2021